(Finance) – Fitch Ratings has confirmed the long and short term ratings of Cassa Depositi e Prestiti Spa (CDP), respectively BBB and F2. L’outlook remains stable. Both the ratings and the outlook are in line with those of the Italian Republic. The equity investments in strategic national companies – like the oil company Eni, Italian postthe gas and electricity network companies Snam And Terna, Telecom Italia and the payment company SIA /Nexi – support CDP’s profitability and revenue stability, Fitch emphasizes. The approximately 1.4 billion euros of average annual dividends in the last five years correspond to the commissions of Poste Italiane for the distribution of CDP products.
CDP, Fitch confirms the ratings. Stable outlook
